Fox Is Buying Roku in $22 Billion Deal
variety.com
Fox Corp. is making a dramatic move to expand its streaming footprint, unveiling with plans to buy Roku in a deal that values the streaming platform at $22 billion.
This is an automated archive made by the Lemmit Bot.

The original was posted on /r/piracy by /u/GeniusOfLove74 on 2026-06-15 22:29:36+00:00.

Fox announced Monday that it has agreed to acquire Roku for $160.00/share in a combination of cash and Fox Class A common stock, giving Roku an enterprise value of about $22 billion. The companies expect the deal to close in the first half of calendar year 2027.

The deal would combine Fox’s sports, news and entertainment content and the Tubi service with Roku’s connected TV platform, the Roku Channel, first-party data and direct relationship with more than 100 million global streaming households. Fox Corp.’s businesses include the Fox broadcast network and stations, Fox Sports and Fox News Channel.

  • altphoto@lemmy.today
    1·
    15 days ago

    Oh fuck. They should realize that we never buy anything from Roku. Now it’s time to jump ship.